[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]KARACHI: In accordance with court orders, the Directorate of Customs Intelligence and Investigation Karachi raided the headquarters of BOL News on Monday.
During the operation, the directorate team created a list of inventory goods in the facility, including DSNGs, studio equipment, cameras, camera control units, monitors, and other imported equipment.
A district and sessions judge granted a search warrant, which was used to carry out the raid.
The court granted the order on on suspicions of non-custom paid media equipment being present at the BOL News headquarters, according to sources acquainted with the situation.
Customs personnel were directed to perform a comprehensive search of all rooms and spaces within the facility after executing the search warrant and to prepare a list of any non-custom paid equipment uncovered during the search.
They were also told to keep any such devices under lock and key in accordance with the law. According to the court order, officers also captured recordings and photographs of the devices during the search.
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According to reports, the equipment discovered to be in breach of the law will be confiscated, and the authorities will analyse its market value and duty.
The Federal Investigation Agency (FIA) arrested Axact and BOL TV CEO Shoaib Ahmed Shaikh at the Islamabad airport last week on suspicion of bribing a former sessions judge in exchange for his acquittal in the bogus degrees case.
Shaikh was apprehended soon after landing in Islamabad on a flight from Karachi.
The BOL TV CEO is accused of bribing Additional District and Sessions Judge (ADSJ) Pervez-ul-Qadir Memon in order to obtain a favourable verdict in the Axact fake degrees case.
The FIA previously arrested the Axact CEO in 2015 after investigators discovered hundreds of thousands of counterfeit degrees and student ID cards at the company’s covert office in Karachi.
Video footage from the FIA raid on the Axact headquarters in Karachi in 2015 showed heaps of degree templates from several colleges in the building’s rooms.
According to a New York Times article, Axact was conducting a multimillion-dollar fake diploma empire from the covert headquarters.
A multi-million dollar money laundering case was also filed against Shaikh and the Axact management, but the CEO was acquitted by the now-disgraced judge, Pervez-ul-Qadir Memon.[/vc_column_text][/vc_column][/vc_row]